Stamp Paper return

Rajendra (Querist) 13 September 2015 This query is : Resolved
I have unused stamp papers. Are they still worthy n can these stamp papers be returned back at same cost or less???

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ADV-JEEVAN PATIL, MUMBAI (Expert) 13 September 2015
It cannot used after 6 months unless used for past agreements

Anirudh (Expert) 13 September 2015
Section 54 of the Indian Stamp Act provides as under:

54. Allowance for stamps not required for use.-When any person is possessed of a stamp or stamp which have not been spoiled or rendered unfit or useless for the purpose intended, but for which he has no immediate use, the Collector shall repay to such person the value of such stamp or stamps in money, deducting l[ten Naye paise] for each rupee or portion of a rupee, upon such person delivering up the same to be cancelled, and proving to the Collector's satisfaction-
(a) that such stamp or stamps were purchased by such person with a bona fide intention to use them; and
(b) that he has paid the full price thereof; and
(c) that they were so purchased within the period of six months next preceding the date on which they were so delivered:

Provided that, where the person is a licensed vendor of stamps, the Collector may, if he thinks fit, make the repayment of the sum actually paid by the vendor without any such deduction as aforesaid.

Guest (Expert) 13 September 2015
As Advised by Adv.Jeevan Patil the Surrender and Claiming of Refund in the Concerned authority should be Made With In 6 months of Purchase of Un Used Stamp Papers.